Daily Binary Profits Review

Daily Binary Profits Review The foreign exchange market - known as Forex - is a global market plenty to buy and sell currencies where it is conducting a large volume of transactions 24 hours a day , five days a week . Daily dealings are estimated at 1.5 trillion U.S. dollars. Compared with other financial markets , we will find that the U.S. bond market volume of daily transactions 300 billion dollars in the U.S. stock market is the trade value of 100 billion dollars a day .

The foreign exchange market was established in 1971 after the abolition of the fixed exchange rate regime . Since then , the currency began to assess the rates of exchange in accordance with the ' floating is determined according to supply and demand factors . Forex market has grown steadily since 1970 , but with the advances in technology since the eighties , the market turnover rose from about 70 billion to the states a day to the current level of $ 1.5 trillion . Daily Binary Profits

Forex market consists of about five thousand commercial enterprise such as international banks and central banks ( such as the U.S. Federal Reserve ), and commercial companies and brokers also for all types of foreign currency exchange . There is no central place for forex trading - the main trading centers are located in New York , Tokyo , London , Hong Kong , Singapore , Paris and Frankfurt all exchanges are made using the telephone or via the Internet . Companies use the market to buy and sell their products in other countries, but the bulk of the activity of the forex market due to currency traders who use it to make a profit to take advantage of small movements in the market.

Despite the presence of major players in the forex market , but it is still available to small investors , thanks to the recent changes in the laws governing it. In the past, there was a minimum size of the transaction was to be always on the investors to fulfill the strict financial conditions for this market . But with the advent of Internet trading on the regulations changed to allow large interbank units in order to be Tksmiha to smaller contracts . Each contract is worth approximately $ 100,000 and this level can be accessed by the individual investor using " leverage " - the loans provided for the purposes of trade. Usually , these contracts can be controlled through a leverage of 1: 100 , which means that U.S. $ 1,000 will wipe you to control $ 100,000 during the currency trade . Daily Binary Profits

There are many advantages to trading in the forex market .

- Liquidity - because of the large size of the foreign exchange market , the investment in which is characterized by high liquidity . International banks are permanently giving presentations and the question and the sheer volume of daily transactions means always provide the buyer or seller for any currency .

- Easy access - the market is open throughout the twenty-four hours a day , five days a week . Market opens his dealings Monday morning Australian time with close Friday evening New York time . Transactions can be carried out through the Internet either from home or in the office.

- Open Market - Currency fluctuations are often caused by changes in national economies . News related to these changes can be accessed by any individual at the same time - for this there is no " internal transaction " within the forex market .

- No commissions - brokers earn money by placing " Asebred " - the difference between the purchase price and the sale of a particular currency .

How does it work?

Currency exchange is always in pairs - such as the U.S. dollar against the Japanese yen or the British pound against the euro . Each transaction involving the sale of one currency and buy another currency , so if you think the investor that the euro will rise against the dollar , it will sell dollars and buy euros.

Profit potential is always available in the forex market because of the nature of the continuous movement between currencies even minor changes can be used to make large profits because of the large amount of money that resides in each transaction . At the same time , the Daily Binary Profits will be considered as relatively safe for the individual investor . There are safeguards that can be used in the self- protection of the interests of both the broker and the investor as well as the software tools that can be used to reduce the losses.